Vanguard Investments Australia Limited is a large advisory firm based in Southbank, Victoria. It manages $104.7 billion of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2016.
Vanguard Investments Australia Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Vanguard Investments Australia Limited is $104.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 29% since the beginning of its operation, and $104.7 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Vanguard Investments Australia Limited for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of James Maurice Norris is pension and profit sharing plans with 10 clients and $56.43 billion of assets under management. Among the 10 most similar advisory firms, Vanguard Investments Australia Limited has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $104.7 billion for 76 clients. 100% of the firm’s clients are foreign persons or businesses.
Vanguard Investments Australia Limited doesn't advise any private funds.
The company employs 613 people that are either part- or full-time employees. 6 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Maurice Norris has been acting as President since 1 May 2008. Ian Edgar Dent joined the executive team most recently as the Chief Compliance Officer.
The principal office where Vanguard Investments Australia Limited performs its advisory services is located at Level 34, 2 Southbank Boulevard, Southbank, Victoria, 3006, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 61 3 8888 3888 or by fax 61 3 8888 3777. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at vanguard.com.au.